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Exam (elaborations)

Project Management Practice Tests questions and answers verified 100%

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  • Course
  • PMP - Project Management Professional
  • Institution
  • PMP - Project Management Professional

Project Management Practice Tests questions and aProject Management Practice Tests questions and answers verified 100% Ana is a project manager for her organization. She has been presented a set of documents that specifies the reasons for the project, justification for the project and how it f...

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  • September 10, 2024
  • 18
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • PMP - Project Management Professional
  • PMP - Project Management Professional
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CleverCopies
Project Management Practice Tests ques
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tions and answers verified 100%
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Anabvisbvabvprojectbvmanagerbvforbvherbvorganization.bvShebvhasbvbeenbvpresentedbvabvsetbvofbvdocumentsbvthatbv
specifiesbvthebvreasonsbvforbvthebvproject,bvjustificationbvforbvthebvprojectbvandbvhowbvitbvfitsbvinbvwithbvthebvcom
panybvobjectives.



Whatbvhasbvshebvreceived?bv-bvcorrectbvanswers-businessbvcase

Whichbvofbvthebvfollowingbvcomesbvunderbvthebveconomicbvmodel?

Choosebvallbvthatbvapply.



IRR

Constrainedbvoptimization

NPV

Discountedbvcashbvflowbv-bvcorrectbvanswers-IRR(internalbvratebvofbvreturn)

NPV(netbvpresentbvvalue)

Discountedbvcashbvflow

Whichbvofbvthebvfollowingbvwillbvyoubvincludebvinbvabvbusinessbvcasebvofbvyourbvproject?



Projectbvmilestone

Justificationbvforbvthebvproject

Cost-benefitbvanalysis

Estimatedbvbudgetbv-bvcorrectbvanswers-Justificationbvforbvthebvproject

Cost-benefitbvanalysis

Whobvisbvresponsiblebvfor...



-Timebvandbvdurationbvestimatesbvforbvthebvtasks

-Costbvestimatesbvforbvdeliverablesbvorbvotherbvprojectbvworkbvpurchasedbvfrombvoutsidebvanbvorganization

,-Statusbvupdatesbvonbvthebvprogressbvofbvthebvtasks

-Dependenciesbvrelatedbvtobvthebvtasksbv-bvcorrectbvanswers-projectbvteam

Abvprojectbvsponsorbvhasbvsignedbvabvdocumentbvforbvauthorizingbvanbvupcomingbvproject.bvWhichbvofbvthebvfollo
wingbvwillbvbebvincludedbvinbvthebvdocument?



-Rolesbvandbvresponsibilitiesbvofbvthebvteambvmembers

-High-levelbvdetailsbvregardingbvestimatedbvbudgetsbvandbvtimelines

-Justificationbvforbvthebvproject

-Quantitativebvanalysisbvforbvallbvmajorbvprojectbvrisksbv-bvcorrectbvanswers-High-
levelbvdetailsbvregardingbvestimatedbvbudgetsbvandbvtimelines



Justificationbvforbvthebvproject

You,bvasbvabvprojectbvmanager,bvreportbvtobvthebvdirectorbvofbvprojectbvmanagement,bvandbvyourbvteambvmembe
rsbvreportbvtobvtheirbvareasbvofbvresponsibilitybv(accounting,bvhumanbvresources,bvandbvIT).bvYoubvhavebvcomplet
ebvcontrolbvofbvthebvprojectbvteam'sbvassignmentsbvoncebvthebvprojectbvisbvunderway.



Whatbvorganizationalbvstructure(s)bvdoesbvthisbvdescribe?bv-bvcorrectbvanswers-Projectized

Project-based

Whatbvarebvthebvcharacteristicsbvofbvabvmatrixbvorganization?bv-bvcorrectbvanswers--
weakbvtobvstrongbvprojectbvmanagerbvauthority

-mixbvofbvfullbvtimebvandbvpartbvtimebvprojectbvresources

-betterbvinter-departmentalbvcommunication

Whatbvfeaturesbvthesebvtenbvareas?



-bvScope

-bvTime

-bvCost

-bvQuality

-bvHumanbvResources

-bvCommunications

, -bvRisk

-bvIntegration

-bvStakeholderbv-bvcorrectbvanswers-PMBOKbvGuide

Whobvisbvresponsiblebvforbvcommunicatingbvorbvmarketingbvthebvbenefitsbvofbvthebvproduct?bv-
bvcorrectbvanswers-Projectbvsponsor



Inbvwhatbvorganizationalbvstructurebvdoesbvthebvsalesbvmanagerbvhandlebvprojectbvmanagement?bv-
bvcorrectbvanswers-Functional



Whobvprovides...?



-Projectbvmanagementbvstandardsbvandbvprocesses

-Tools,bvtemplates,bvandbvartifactsbvtobvhelpbvmanagebvprojectsbvconsistently

-Settingbvdeliverables

-Governancebvprocessbvforbvmanagingbvprojectsbvandbvsettingbvpriorities

-Keybvperformancebvindicatorsbvandbvmetrics

-Standardsbvofbvperformancebvincludingbvconsequencesbvofbvnon-performance

-Coordinationbvofbvresourcesbvamongbvprojectsbv-bvcorrectbvanswers-PMObv(ProjectbvManagementbvOffice)

Whatbvisbvthebvleastbvprecisebvcash-flowbvtechnique?bv-bvcorrectbvanswers-paybackbvperiodbvestimate

Whobvhasbvthesebvresponsibilities?



-Approvebvthebvprojectbvcharter.

-Definebvthebvbusinessbvcasebvandbvjustificationbvforbvthebvproject.

-Servebvasbvfinalbvdecisionbvmakerbvforbvallbvprojectbvissues.

-Monitorbvandbvcontrolbvdeliverybvofbvmajorbvmilestones.

-Runbvinterferencebvandbvremovebvroadblocks.

-Approvebvthebvprojectbvbaseline.

-Communicatebvorbvmarketbvthebvbenefitsbvofbvthebvproject.bv-bvcorrectbvanswers-projectbvsponsor

Whatbvarebvrequiredbvtobvvalidatebvabvbusinessbvcase?bv-bvcorrectbvanswers-Projectbvjustification

Strategicbvplanbvalignment

Whatbvisbvthebvmostbvvaluablebvskillbvinbvorderbvtobvbuildbvabvdiversebvprojectbvteambvthatbvworksbvtogetherbveffici
entlybvandbveffectively?bv-bvcorrectbvanswers-communication

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